6751 Old Monroe Rd Indian Trail, NC 28079
- Community centers
- 20,500 SF
- 2.27 lot acres
Current Use by Public Records
- Community centers
Property Details for 6751 Old Monroe Rd
- Year built
- 2008
- Lot size
- 2.27 lot acres
- Property size
- 20,500 SF
- Zone code
- GBD INDIAN TRAIL
- Property type
- Community centers
- APN
- 07-090-006S
- APU
- 07090006S
Description
This exceptional 1,800 square foot retail space, located within the highly desirable Sun Valley Commons in Indian Trail, presents a unique investment opportunity. The property is zoned for Neighborhood Business use and features a single-tenant occupancy. Its prime location at the intersection of Wesley Chapel Stout Road ensures excellent visibility and accessibility, making it an ideal space for a medical practice or other retail business. The L-shaped lot maximizes visibility and provides ample space for signage and potential future expansion. The area surrounding Sun Valley Commons is characterized by a thriving community with a diverse demographic, guaranteeing a robust customer base. High traffic counts and a well-developed infrastructure further enhance the property's appeal. This location is considered the most desirable shopping site in Indian Trail, offering unparalleled access to a large and growing population. The property's single-tenant configuration provides simplicity and ease of management, making it an attractive option for both owner-occupiers and investors seeking a stable, high-traffic retail location. This is a rare opportunity to secure a prominent retail space in a rapidly expanding area. The property's strategic location and desirable characteristics make it an exceptional investment prospect. The building is ready for immediate occupancy, offering a turnkey solution for businesses seeking a high-profile location in Indian Trail.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,675,000
- ML approach
- $4,750,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,030,000
- 6.5%
- $4,645,000
- 7%
- $4,315,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,820,000
Market price range: $976k - $4.53M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $3,110,000 Current use
- RESTAURANT
- $7,490,000 Change: +141% Conversion: Difficult
- RETAIL STORES
- $5,675,000 Change: +83% Conversion: Easy
- OFFICE BUILDING
- $3,350,000 Change: +8% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,245,000 Change: +4% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $3,220,000 Change: +4% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Indian Trail
- County
- Union
- State
- North Carolina
- Longitude
- -80.6458
- Latitude
- 35.0492
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
